Chiara Martano
How to incentivize the emergence of new business angels: the Italian case.
Rel. Elisa Ughetto, Davide Viglialoro. Politecnico di Torino, Corso di laurea magistrale in Ingegneria Gestionale (Engineering And Management), 2023
Abstract
Entrepreneurs play a critical role in developing innovative solutions to boost a collective progress. Their ability to develop these innovations into market ready products requires to access appropriate financing. Angel investors play a critical role in financing the start of the entrepreneurial pipeline. They are high net worth individuals—typically former entrepreneurs who have grown and sold one or more successful businesses, senior corporate managers, and business professionals—who invest their own money directly in new and early-stage unquoted businesses and make their expertise and networks available to support the entrepreneurs that they support (Mason and Botelho, 2018). The crucial role that BAs play throughout the world in financing entrepreneurial businesses means that they should be a major focus for entrepreneurship researchers.
The challenge in BA research, especially in comparison to venture capital and other parts of the entrepreneurial finance market, is the lack of databases that enable sophisticated statistical analysis
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